Spruce Power Holding (SPRU) Operating Expenses (2019 - 2026)
Spruce Power Holding's (SPRU) quarterly Operating Expenses came in at $20.6 million in Q2 2026, down 15.58% year-over-year from $24.4 million in Q2 2025, and down 5.55% quarter-over-quarter from $21.8 million in Q4 2025.
Analysis
Spruce Power Holding (SPRU) Operating Expenses (2019 - 2026) Analysis & Trends
Spruce Power Holding has disclosed Operating Expenses across 8 years of filings, most recently posting $20.6 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 15.58% year-over-year to $20.6 million; the TTM figure through Jun 2026 stood at $89.0 million (down 34.14% YoY), while the FY2025 annual figure was $93.9 million, down 29.15% from the prior year.
- Operating Expenses came in at $20.6 million for Q2 2026 at Spruce Power Holding, down from $21.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $58.5 million in Q3 2024 to a low of $7.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $26.3 million, with a median of $24.2 million recorded in 2023.
- Year-over-year, Operating Expenses jumped 440.12% in 2022 and slumped 62.0% in 2025.
- Over 5 years, Operating Expenses stood at $35.7 million in 2022, then plunged by 32.2% to $24.2 million in 2023, then gained by 10.14% to $26.7 million in 2024, then fell by 18.33% to $21.8 million in 2025, then decreased by 5.55% to $20.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $20.6 million in Q2 2026, $21.8 million in Q4 2025, and $22.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.38 Bn | 28.06 Bn | 2.59 Bn | -681.17 Mn |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.24 Bn | 117.49 Mn | -118.69 Mn |
| 3 | Brookfield Renewable Partners | 7.85 Bn | 784.43 Mn | 927.00 Mn | 783.00 Mn |
| 4 | Ormat Technologies | 6.08 Bn | 5.42 Bn | 68.70 Mn | 27.07 Mn |
| 5 | Clearway Energy | 3.54 Bn | 3.20 Bn | 332.00 Mn | 365.00 Mn |
| 6 | ReNew Energy Global | 2.50 Bn | 2.11 Bn | - | 418.00 Mn |
| 7 | XPLR Infrastructure | 1.11 Bn | 1.11 Bn | 219.00 Mn | 304.00 Mn |
| 8 | Ellomay Capital | 272.90 Mn | 82.77 Mn | 3.55 Mn | -5.55 Mn |
| 9 | Eco Wave Power Global AB (publ) | 263.98 Mn | 255.83 Mn | - | -769,000.00 |
| 10 | Spruce Power Holding | 32.40 Mn | -49.14 Mn | 23.10 Mn | 20.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.57 Mn |
| Dec 31, 2025 | 21.78 Mn |
| Sep 30, 2025 | 22.24 Mn |
| Jun 30, 2025 | 24.37 Mn |
| Mar 31, 2025 | 25.51 Mn |
| Dec 31, 2024 | 26.67 Mn |
| Sep 30, 2024 | 58.54 Mn |
| Jun 30, 2024 | 25.84 Mn |
| Mar 31, 2024 | 21.88 Mn |
| Dec 31, 2023 | 24.21 Mn |
| Sep 30, 2023 | 47.77 Mn |
| Jun 30, 2023 | 23.79 Mn |
| Mar 31, 2023 | 20.91 Mn |
| Dec 31, 2022 | 35.71 Mn |
| Sep 30, 2022 | 29.26 Mn |
| Jun 30, 2022 | 9.78 Mn |
| Mar 31, 2022 | 7.73 Mn |
| Dec 31, 2021 | -10.50 Mn |
| Sep 30, 2021 | 18.47 Mn |
| Jun 30, 2021 | 13.63 Mn |